USD/JPY's rally above 91.00 last week "was probably due to a weak stock prices," but that much gain "was a total surprise as the dollar, in the long-term, remains weak," says Tokyo Forex and Ueda Harlow senior dealer Masanobu Ishikawa. Bias in Asia downward as Japanese exporters very willing to sell pair to settle accounts, as well as some speculators interested in taking profits, he says. USD/JPY may trade in 90.30-91.30 range vs last 91.10. EUR/USD may trade in 1.4850-1.4950 range vs last 1.4903. EUR/JPY may trade in 135.00-136.00 band vs last 135.75.
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